Common use of Conversion Based on Redemption Clause in Contracts

Conversion Based on Redemption. Subject to the provisions of this paragraph 8 and notwithstanding the fact that any other condition to conversion has not been satisfied, a Holder may convert into Common Stock a Security or portion of a Security which has been called for redemption pursuant to paragraph 6 hereof, even if the foregoing provisions have not been satisfied, but such Securities may be surrendered for conversion until the close of business on the second Business Day immediately preceding the Redemption Date.

Appears in 2 contracts

Samples: Indenture (Affiliated Managers Group Inc), Indenture (TJX Companies Inc /De/)

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Conversion Based on Redemption. Subject to the provisions of this paragraph 8 and notwithstanding the fact that any other condition to conversion has not been satisfied9, a Holder may convert into Common Stock a Security or portion of a Security which has been called for redemption pursuant to paragraph 6 hereof, even if the foregoing provisions have LYONs are not been satisfiedotherwise convertible at such time, but such Securities may xxx be surrendered for conversion until the close of business on the second Business Day immediately preceding the Redemption Date.

Appears in 1 contract

Samples: Indenture (Laboratory Corp of America Holdings)

Conversion Based on Redemption. Subject to the provisions of this paragraph 8 and notwithstanding the fact that any other condition to conversion has not been satisfied9, a Holder may convert into Common Stock a Security or portion of a Security which has been called for redemption pursuant to paragraph 6 hereof, even if the foregoing provisions have XXXXx are not been satisfiedotherwise convertible at such time, but such Securities may be surrendered for conversion until the close of business on the second Business Day immediately preceding the Redemption Date.

Appears in 1 contract

Samples: Indenture (Supervalu Inc)

Conversion Based on Redemption. Subject to the provisions of this paragraph 8 and notwithstanding the fact that any other condition to conversion has not been satisfied9, a Holder may convert into cash and shares of Common Stock Stock, if any, a Security or portion of a Security which has been called for redemption pursuant to paragraph 6 hereof, even if the foregoing provisions have Securities are not been satisfiedotherwise convertible at such time, but such Securities may be surrendered for conversion until prior to the close of business on the second Business Day immediately preceding the Redemption Date.

Appears in 1 contract

Samples: Indenture (Laboratory Corp of America Holdings)

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Conversion Based on Redemption. Subject to the provisions of this paragraph 8 and notwithstanding the fact that any other condition to conversion in paragraph 8(a), 8(b) or 8(d) has not been satisfied, a Holder may convert into Common Stock a Security or portion of a Security which has been called for redemption pursuant to paragraph 6 hereof, even if the foregoing provisions have not been satisfied, but such Securities may be surrendered for conversion until the close of business on the second Business Day immediately preceding the Redemption Date.

Appears in 1 contract

Samples: Indenture (Neuberger Berman Inc)

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